on sequestration or the next debt celling, ceiling, you know, finally causes it to -- >> that is sort of baked in the cake. everybody expects they're going keep kicking it down the road. why, then, do we have a surge in stock market? >> one is that corporate profits are very good. but don't forget corporate companies are holding that money aside. they don't want to reinvest. they're worried about the economy and it's not that helpful. the season reason is because the federal reserve has kept interest rates so so low that there's almost no other place for people to put their money. so it's less a function of the real economy and more a function of the extra analystnalties. >> so should people in america be hopeful about the economy and jobs? >> i think they should be. housing has turned around both in terms of available pricing, stock, new housing starts. it's not like it was in 2006 but it's better than it was in 2008. to whole issue of fracking may be something for environmentalists but there's no question it's creating jobs and growth. >> thank you, joe. >>> an unstoppable force mar